Professional
Added to YB: 2024-04-29
Pitch date: 2024-03-31
ADS.F [bullish]
adidas AG
-18.05%
current return
Author Info
No bio for this author
Company Info
adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products in Europe, North America, Greater China, Latin America, Japan, and South Korea.
Market Cap
EUR 33.8B
Pitch Price
EUR 204.39
Price Target
N/A
Dividend
1.06%
EV/EBITDA
12.91
P/E
28.44
EV/Sales
1.56
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Artisan Global Opportunities Fund New Portfolio Holding: Adidas AG
Adidas (ADS.F): Global #1-2 sportswear facing inventory & Yeezy headwinds, but industry growing mid-single digits on health/casualization trends. New CEO Bjorn Gulden a change agent with shares down, providing attractive entry point for long-term growth.
Read full article (1 min)